Troubled-Company Expert Joins A&P Board

MONTVALE, N.J — The board of directors of A&P here has added a bankruptcy expert to replace a representative of its largest stockholder. Greg Rayburn, most recently the chief executive officer of New York City Off-Track Betting and a former chief restructuring officer of WorldCom, was elected to join the board, succeeding Jens-Jurgen Bockel.
Bockel is the chief financial officer of Tengelmann Group, the German retailing group that owns a majority share of A&P stock, and has served ...

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